Fed policymakers in tug-of-war on inflation, instability The outlook for inflation and the future of financial stability are emerging as dueling concerns at the heart of a debate at the U.S. central bank over how fast to proceed on future interest-rate hikes. That is a change from years past, where […]
United States
Toshiba picks Japan government-Bain group to buy chip unit, big hurdles remain Toshiba Corp (6502.T) has chosen a consortium of Japanese government investors and Bain Capital as the preferred bidder for its chip business, aiming to seal a deal worth some $18 billion by next week as it scrambles for […]
Modi to discuss H-1B visa issue with Trump next week Prime Minister Narendra Modi will take up the issue of visas for skilled workers when he meets U.S. President Donald Trump next week in Washington, a senior government official said on Tuesday. Trump has ordered a review of the U.S. […]
U.S. student held prisoner by North Korea dies days after release An American university student held prisoner in North Korea for 17 months died at a Cincinnati hospital on Monday, just days after he was released from captivity in a coma, his family said. Otto Warmbier, 22, who was arrested […]
U.S. to seek to block DraftKings, Fan Duel fantasy sports merger U.S. to seek to block DraftKings, Fan Duel fantasy sports merger:- The U.S. Federal Trade Commission said on Monday it will seek to stop the merger of DraftKings and FanDuel, because the combined company would control more than 90 […]
Nestle buys minority stake in U.S. ready meals group Freshly Nestle (NESN.S) said on Tuesday it has acquired a minority stake in U.S. group Freshly, a provider of direct-to-consumer freshly prepared meals, its latest step to improve the health profile of its sprawling portfolio. The Swiss food giant said it […]
Tech CEOs meet with Trump on government overhaul President Donald Trump met on Monday with the heads of 18 U.S. technology companies including Apple Inc (AAPL.O), Amazon.com Inc (AMZN.O) and Microsoft Corp (MSFT.O), seeking their help to make the government’s computing systems more efficient. The White House wants to update […]
Boeing sees strong interest in potential new 737 model Boeing sees strong interest in potential new 737 model:- Boeing (BA.N) has received strong interest in a potential new member of its best-selling 737 aircraft range, the planemaker’s new commercial chief said on Sunday. Boeing is expected to launch the 190-230 […]
U.S. bank investors hope Fed stress test results lead to big payouts Investors are hoping the Federal Reserve will allow big U.S. banks to put an estimated $150 billion in idle capital toward stock buybacks, dividends and profit-boosting investments in the coming weeks after conducting a regular examination of financial […]
With Whole Foods, Amazon on collision course with Wal-Mart When Wal-Mart Stores Inc bought online retailer Jet.com for $3 billion last year, it marked a crucial moment – the world’s largest brick-and-mortar retailer, after years of ceding e-commerce leadership to arch rival Amazon, intended to compete. On Friday, Amazon.com Inc […]
